Brief informationGMO Trading
GMOTrading — features of trading on a broker's platform from Cyprus
GMOTrading is a forex broker that belongs to Royal Forex Ltd. The company is registered in Cyprus and is licensed by the CySEC regulator. Document number is 269/15. The headquarters of the broker is located in the capital of the island state of Nicosia at City House 81, 3rd floor 128 - 130 Limassol Avenue, 2015 Strovolos. The date of the beginning of its work is unknown. Who is the founder of the project is also a secret.
Trading terms and instruments
The broker offers trading in currency pairs and commodities. Trading in contracts for differences is available.
The broker divides traders into two types: private and professional, and also authorized counterparties. Each customer category has its own trading conditions, which are described in detail in the Customer Categorization document. Clients can choose for themselves any of three trading accounts: silver, gold or platinum. The conditions for each account are described on the website.
Trading terminal
Traders can use the Webtrader trading terminal, which does not require downloading and installation. The resource is interesting because its analytical data and graphs are present in real time. Execution of orders is carried out in one click. There is a demo account.
On the site you can download and install the Metatrader 4 terminal. There is a version for a computer with Windows operating system, as well as for Android and iOS smartphones.
The platform with easy-to-use interface provides market analysis, allows you to copy the transactions of professional traders and guarantees execution of trading operations.
Broker website
The GMOTrading website is fairly easy to use. All information is divided into sections and is presented in Russian, English, Italian, Polish, Spanish, German, Portuguese and other languages. There is a news section. There is a “training” section, where trading books, videos, training courses and an economic calendar are presented.
Technical support is available in different languages. It works from 7 a.m. to 5 p.m. GMT. Traders can call the free dial that is listed on the website, write the e-mail or ask for help through the feedback form.
Conclusion
The GMOTrading is suspected in fraud, so do not blindly trust this broker. Do not open a deposit until you get familiar with the legal materials on the site. It is also worthwhile to read the customer reviews that are available on the network. Perhaps the idea of trading on the GMOTrading platform will disappear by itself.
